How many C12 Group franchises were operating in New Mexico at the end of 2023?
C12_Group Franchise · 2025 FDDAnswer from 2025 FDD Document
22 | 1 | | | 2023 | 0 | | | 2024 | 0 | | Total | 2022 | 1 | | | 2023 | 1 | | | 2024 | 2 | | State | Year | Outlets at Start of Year | Outlets Opened | Termin- ations | Non- Renewals | Reacquired By Franchisor | Ceased Operation Other Reasons | Outlets at End of Year | |---|---|---|---|---|---|---|---|---| | AL | 2022 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 0
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–46)
What This Means (2025 FDD)
According to C12 Group's 2025 Franchise Disclosure Document, there was one franchise operating in New Mexico at the end of 2023. The table provided in Item 20 details the status of franchised outlets from 2022 to 2024, showing the number of outlets at the start of the year, outlets opened, terminations, non-renewals, re acquisitions by the franchisor, outlets that ceased operation for other reasons, and the number of outlets at the end of the year.
For New Mexico, the table indicates that in 2022, there was one outlet at the start of the year and one at the end of the year. In 2023, there was still one outlet at the start and end of the year, with no changes occurring during that period. This suggests a stable presence for C12 Group in New Mexico during those years.
Prospective franchisees can use this information to understand the historical performance and stability of C12 Group franchises in specific states. It's important to note that past performance doesn't guarantee future results, but it can provide insights into the brand's presence and growth trends in different regions.